FFB-CS

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

FFB-CS: CW FARM FRESH BERHAD (AM)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
PROPOSED ISSUE OF UP TO 80,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF FARM FRESH BERHAD ("FFB") ("FFB SHARES") WITH AN EXERCISE RATIO OF 4 CALL WARRANTS : 1 FFB SHARE ("FFB-CS")

With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 80,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of FFB, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.    

FFB-CS is constituted by the Deed Poll dated 24 August 2022 executed by us, as supplemented from time to time. The FFB-CS is subject to the terms and conditions of the Base Prospectus dated 29 August 2022, First Supplementary Base Prospectus dated 14 December 2022, Second Supplementary Base Prospectus dated 13 February 2023 and the Term Sheet for the FFB-CS dated 14 February 2023.

A summary of the principal terms of the FFB-CS is set out in Table 1.


This announcement is dated 14 February 2023.




Please refer attachment below.



Announcement Info

Company Name FFB-CS: CW FARM FRESH BERHAD (AM)
Stock Name FFB-CS
Date Announced 14 Feb 2023
Category General Announcement for PLC
Reference Number GA1-13022023-00042